Manchester United’s value on the stock market down a further 2% yesterday (although there was a late recovery) and has fallen by over $400 million since late February as markets digest cost of loss of Champions League football and replacing dead wood in the team.
The club are busy making their plans for the transfer window, including some potentially expensive purchases. However, one senses that there are some quite fundamental problems which will take some time to resolve and are constrained by the fact that they are a Glazer sports franchise.
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